2018 Special Session I

Budget Bill - HB5001 (HB5001S1)

Enacting Clause

Enacting Clause

HOUSE BILL NO. 5001

FLOOR AMENDMENT IN THE NATURE OF A SUBSTITUTE

Proposed by Senator Hanger

on May 29, 2018

(Patron Prior to Substitute - Delegate Jones, S.C.)

A BILL to amend and reenact Chapter 836 of the 2017 Acts of Assembly, which appropriated the public revenues and provided a portion of such revenues for the two years ending, respectively, on the thirtieth day of June, 2017, and the thirtieth day of June, 2018.

2. §1. The following are hereby appropriated, for the current biennium, as set forth in succeeding parts, sections and items, for the purposes stated and for the years indicated:

A. The balances of appropriations made by previous acts of the General Assembly which are recorded as unexpended, as of the close of business on the last day of the previous biennium, on the final records of the State Comptroller; and

B. The public taxes and arrears of taxes, as well as moneys derived from all other sources, which shall come into the state treasury prior to the close of business on the last day of the current biennium. The term "moneys" means nontax revenues of all kinds, including but not limited to fees, licenses, services and contract charges, gifts, grants, and donations, and projected revenues derived from proposed legislation contingent upon General Assembly passage.

§ 2. Such balances, public taxes, arrears of taxes, and monies derived from all other sources as are not segregated by law to other funds, which funds are defined by the State Comptroller, pursuant to § 2.2-803, Code of Virginia, shall establish and constitute the general fund of the state treasury.

§ 3. The appropriations made in this act from the general fund are based upon the following:

First Year

Second Year

Total

Unreserved Balance, June 30,

2016

$623,444,000

$1,278,097,637

$0

$623,444,000

$1,278,097,637

Additions to Balance

$112,929,105

$128,219,397

($346,679,260)

$241,148,502

($233,750,155)

Official Revenue Estimates

$18,560,962,400

$19,193,307,390

$19,328,182,934

$37,754,269,790

$37,889,145,334

Revenue Stabilization Fund

$294,653,279

$272,542,500

$567,195,779

Transfers

$650,847,811

$640,823,562

$625,284,929

$1,291,671,373

$1,276,132,740

Total General Fund Resources Available for

Appropriation

$20,242,836,595

$20,897,490,232

$20,234,892,849

$19,879,331,103

$40,477,729,444

$40,776,821,335

The appropriations made in this act from nongeneral fund revenues are based upon the following:

First Year

Second Year

Total

Balance, June 30, 2016

$4,795,976,243

$0

$4,795,976,243

Official Revenue Estimates

$27,771,433,871

$28,300,946,274

$28,121,292,152

$56,072,380,145

$55,892,726,023

Lottery Proceeds Fund

$599,982,144

$546,495,789

$596,659,574

$1,146,477,933

$1,196,641,718

Internal Service Fund

$2,077,103,387

$2,174,937,786

$1,975,159,775

$4,252,041,173

$4,052,263,162

Bond Proceeds

$384,882,000

$408,626,132

$412,884,132

$793,508,132

$797,766,132

Total Nongeneral Fund Revenues Available for

Appropriation

$35,629,377,645

$31,431,005,981

$31,105,995,633

$67,060,383,626

$66,735,373,278

TOTAL PROJECTED

REVENUES

$55,872,214,240

$56,526,867,877

$51,665,898,830

$50,985,326,736

$107,538,113,070

$107,512,194,613

§ 4. Nongeneral fund revenues which are not otherwise segregated pursuant to this act shall be segregated in accordance with the acts respectively establishing them.

§ 5. The sums herein appropriated are appropriated from the fund sources designated in the respective items of this act.

§ 6. When used in this act the term:

A. "Current biennium" means the period from the first day of July two thousand sixteen, through the thirtieth day of June two thousand eighteen, inclusive.

B. "Previous biennium" means the period from the first day of July two thousand fourteen, through the thirtieth day of June two thousand sixteen, inclusive.

C. "Next biennium" means the period from the first day of July two thousand eighteen, through the thirtieth day of June two thousand twenty, inclusive.

D. "State agency" means a court, department, institution, office, board, council or other unit of state government located in the legislative, judicial, or executive departments or group of independent agencies, or central appropriations, as shown in this act, and which is designated in this act by title and a three-digit agency code.

F. "Authority" sets forth the general enabling statute, either state or federal, for the operation of the program for which appropriations are shown.

G. "Discretionary" means there is no continuing statutory authority which infers or requires state funding for programs for which the appropriations are shown.

H. "Appropriation" shall include both the funds authorized for expenditure and the corresponding level of full-time equivalent employment.

I. "Sum sufficient" identifies an appropriation for which the Governor is authorized to exceed the amount shown in the Appropriation Act if required to carry out the purpose for which the appropriation is made.